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“Data science begins with data. Nothing gets built without data. Data science continues with science. Accurate, persuasive and effective prediction requires patterns. The process of discovering that pattern is science. Any product worth building requires a reliable pattern to exist in the data.”
– Christopher Berry, co-founder and chief science officer of Authintic, in his article on recommendation engines in the current issue of Analytics.
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Special ArticlesBig data paying off for big companies
A new research report, “Big Data in Big Companies,” describes how 20 large firms benefit from big data projects. Report co-authors Tom Davenport of the International Institute for Analytics (IIA) and Jill Dyché of SAS, the leader in business analytics, explore how these companies have deployed analytics to generate value from their big data assets.
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Special ArticlesContinuing education courses for analytics professionals
The Institute for Operations Research and the Management Sciences’ (INFORMS) Continuing Education program will offer its first two courses this fall. These intensive, two-day, in-person courses will provide analytical professionals with key skills, tools and methods that can be implemented immediately in a work environment.
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Industry NewsBanks speed lending with FICO’s cloud-based loan solution
FICO, a leading predictive analytics and decision management software company, recently announced that 1st United Bank, First Utah Bank, Lowell Five Cent Savings Bank, and MetroBank are implementing the FICO LiquidCredit service, a cloud-based scoring solution that speeds consumer and small business lending decisions. The FICO solution will enable these lenders to approve small business loan applications in hours, not days, and help improve customer satisfaction and attract more small business customers.
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Monday, 25 June 2012 00:00 | Last Updated on Monday, 25 June 2012 13:13 | 
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Headlines
Paragon introduces AIMMS Publishing and Remote Optimization Platform
Paragon Decision Technology recently launched the AIMMS Publishing and Remote Optimization Platform (AIMMS PRO), a revolutionary platform in the field of optimization technology. An App Store of AIMMS-based optimization solutions, the AIMMS PRO Platform is a new way for organizations to deploy optimization technology for making better decisions. Every optimization solution (or update of such a solution) can be made available to users throughout an organization in a matter of a few clicks, allowing companies to instantly boost performance and agility.
The AIMMS PRO Portal assures end-users can access the latest version of AIMMS applications at all times through a web browser. While end-users can view and manage data, create scenarios and initiate optimization runs, the actual processing is dispatched automatically to high-performance central servers connected by the AIMMS PRO Platform. So, instead of coding your own interfaces, deployment setups, etc., AIMMS PRO does it all for you.
Whether you are a developer, an end-user or an IT manager, the portal provides the controls to make optimal use of AIMMS possible. This is also true for sharing prototypes and pre-releases in a controlled way. Scaling up a solution, sharing new optimization concepts or offering a large set of different AIMMS applications to an organization is now easier than ever before.
One launching company, Astral Foods in South Africa, worked closely with Paragon partner UniSoma to roll out various optimization solutions using AIMMS PRO to support business users. “AIMMS PRO allows optimization to become a corporate solution instead of just a technical tool,” says Andries Steyn, project coordinator at Astral Foods. “The transparent licensing, updating of applications and optimization that is done on the server eliminates the need to micro-manage users. In the end, it simply makes implementation faster and easier.”
For more information, visit www.aimms.com/aimms-pro-platform.